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Litecoin Price Drops 4.38% in One Hour to $51.70 on Binance

LTC was down 8.40% over 24 hours. Long liquidations totaled $560,000 during the hour.

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An unmarked silver token slides down a charcoal incline / TokenPost.ai
An unmarked silver token slides down a charcoal incline / TokenPost.ai

Litecoin (LTC) fell 4.38% in one hour to $51.70 on Binance spot LTC/USDT at 11 a.m. ET (16:00 UTC) Nov. 5.

LTC was $54.07 an hour earlier, a $2.37 decline over the interval. The asset was down 8.40% compared with its price 24 hours earlier, putting the one-hour move within a broader daily decline. Those percentages use different comparison windows: one hour and 24 hours.

Litecoin liquidations across Binance, Bybit and OKX totaled $560,000 in longs and $0 in shorts during that hour.

Litecoin ranked 25th by market capitalization, with an approximate value of $4,150,540,000. The price reading uses Binance’s spot LTC/USDT market, while the liquidation tally combines figures from three exchanges. The market-cap ranking provides a measure of Litecoin’s relative size among crypto assets.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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